News From Around The Web
> New Mexico is asking for $19 million less in state Medicaid funds in 2014 compared to 2013, the first drop in more than a decade, according to NewsChannel 10. The $4 billion program relies heavily on funds from the federal government, although New Mexico itself provides up to $1 billion annually. Article
> Pilot programs in California are designed to reduce the costs of caring for so-called dual eligibles who are enrolled in both Medicare and Medi-Cal, the state's Medicaid program. But HealthyCal reports that doing so often requires imaginative approaches that juggle cost-cutting while maintaining enough of a revenue stream to keep the enrollee in relatively good health. Article
> Prospect Medical Holdings, a California-based for-profit hospital operator, has gone further afield, looking to joint venture with two not-for-profit Catholic facilities in Providence, R.I. It promises to put $95 million into the facilities over the next five years, according to the Providence Journal. Article
Provider News
> Although the transition to value-based healthcare may be difficult, the end result of reduced costs and improved care and patient outcomes will be worth it, according to the president and CEO of the Cleveland Clinic. Article
Healthcare IT News
> Giving patients access to their own health data turns out to be more complicated than it sounds--and technological challenges are just one aspect of it, according to research published in the Journal of the American Informatics Association. Article
And finally...Growing a nose on your forehead. Article